Lodha Developers has reported a remarkable 86.6% increase in consolidated net profit for Q2 of FY2026, reaching Rs 789.8 crore, up from Rs 423.1 crore in the same quarter last year. This substantial growth, highlighted in a stock exchange filing on October 30, follows a net profit of Rs 675.1 crore in the preceding quarter. The Mumbai-based real estate firm also saw its revenue soar by 44.6%, totaling Rs 3,798.5 crore compared to Rs 2,625.7 crore in Q2 of the previous financial year, indicating a strong recovery in the sector.

Abhishek Lodha, managing director and CEO, expressed satisfaction with the company’s best-ever Q2 performance, noting pre-sales of Rs 4,570 crore, a 7% year-on-year increase. He attributed this success to the robust market momentum and confirmed that non-launch weekly sales are approaching Rs 300 crore. With significant launches planned following the Supreme Court's resolution on the Environmental Clearance process, Lodha remains optimistic about achieving a full-year pre-sales guidance of Rs 2,100 crore. He also highlighted the favorable conditions for organized branded developers, including low homeownership rates and improved affordability, which could further boost the real estate market in India.